Jun. 19 at 11:38 PM
Keep an eye on
$LION this week 🦁
- Breaking out of an hourly symmetrical triangle and had unusually large net call premiums on Friday (a lot of 6/18s which obviously have already expired but there was also a nice spike for the January 2027 expiration) 📈
- Initially rallied earlier in the week on rumors of a
$NFLX bid for the company after losing the
$ROKU bid to
$FOX. Netflix did deny the reports so far, but Baird analysts state that Lionsgate does not need a deal to continue to outperform 🐂